Commodities (Crude Oil & Copper) & Macro Outlook

According to the U.S. Energy Information Administration (EIA), refinery equipment utilization reached 97.2% for the week ending July 24, exceeding both the forecast of 95.9% and the prior week's reading of 96.1%.

According to U.S. Energy Information Administration (EIA) data, strategic petroleum reserves declined by 3.797 million barrels for the week ended July 24, compared to a decline of 5.057 million barrels in the prior week.

According to the U.S. Energy Information Administration (EIA), American crude oil imports fell to negative 237,000 barrels per day for the week ended July 24, down sharply from 485,000 barrels per day in the prior week.

According to EIA data, U.S. refined oil production fell to 15,000 barrels per day for the week ending July 24, down sharply from 90,000 barrels per day in the prior week.

SC crude oil futures contracts rose more than 5% intraday on July 29, trading at 561.9 yuan per barrel with open interest increasing by 1,800 lots.

According to the EIA, U.S. reformulated gasoline inventories stood at 0 million barrels for the week ending July 24, unchanged from the previous week.

According to the Energy Information Administration (EIA), U.S. refined product imports for the week ending July 24 fell to 186,000 barrels per day from 280,000 barrels per day in the prior week.

According to EIA data, U.S. gasoline production rose to 178,000 barrels per day for the week ending July 24, up sharply from 60,000 barrels per day in the prior week.

According to EIA data, U.S. refinery equipment utilization rose 1.1% in the week ending July 24, rebounding from the previous week's decline of 0.1%.

According to the Energy Information Administration (EIA), U.S. refined oil inventories decreased by 1.062 million barrels in the week ending July 24, compared to an increase of 1.395 million barrels in the prior week.

According to the U.S. Energy Information Administration (EIA), gasoline inventory increased by 7,000 barrels in the week ended July 24, sharply lower than the previous week's addition of 765,000 barrels.

According to EIA, Cushing crude oil inventories declined 770,000 barrels for the week ended July 24, compared to a decrease of 674,000 barrels in the previous week.

According to the U.S. Energy Information Administration (EIA), crude oil inventories fell by 7.167 million barrels in the week ended July 24, compared to a build of 2.01 million barrels the previous week.

The U.S. Energy Information Administration (EIA) will release crude oil inventory, Cushing crude oil inventory, and Strategic Petroleum Reserve data for the week ending July 24 in approximately ten minutes.

According to media reports, on July 29, the U.S. announced sanctions measures related to Iran, including sanctions against oil tankers linked to the country.

The US dollar index stood at 101.413 as of 7:53 AM ET on May 29, down 0.006 points (0.006%) from the prior close of 101.419. The slight decline followed a volatile session in which Middle East conflict escalation drove West Texas Intermediate (WTI) crude oil up 4.6% to $83 per barrel, triggering

According to Gate's latest data, WTI crude oil rose 5.1% intraday to $84.8 per barrel on July 29, while Brent crude climbed 3.1% to $88.08 per barrel. The broader commodities market saw mixed movement across the day's

From 13:30 to 13:45 (UTC) on July 29, 2026, BTC edged slightly higher in the short term. The 15-minute Return % was +0.42%, with a trading range of 64,144.7–64,497.8 USDT and an Ampl of 0.55%. The current offer is around $64,293. The 24h Rise % is about 1.26%, but intraday volatility remained limited ($62,745–$64,734). This suggests the market is in a wait-and-see mode ahead of the Fed interest rate decision and an escalation of the Middle East situation. The bid/ask depth is only 0.43, with Ask

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Jin10, ADNOC sold at least 12 million barrels of spot crude oil at premium prices to Asian refineries and trading companies on Wednesday, July 29, according to trading sources. The sale follows escalated U.S.-Iran tensions earlier this month, which disrupted supplies and triggered